VelocityShares Daily 2x VIX ST ETN (TVIX)

[gldtimer]

Sure you can hold it for as long as you can stand the pain when it goes down. Back to back losses of 20% per day are typical when the market roar back with risk on.

Same goes for days on the upside.

Actually this is not in anyway, shape, matter or form an oil related investment. Actually my thinking is that TVIX would be a star investment if oil fell to $10 a barrel and brought down every bank in every fracking geographic area.

I play TVIX only with my mad/fun money of 1% wealth. At 1% twenty percent down in a day equal loss of .2% much easier to take and continue to hold the stuff.